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shall prevent and/or rectify any physical deterioration of the Property and the Project and shall <br />make all repairs, renewals and replacements necessary to keep the Property and the <br />improvements located thereon in good condition and repair. Owner shall provide adequate <br />security measures for the Project, including without limitation, the installation of adequate <br />lighting and deadbolt locks. <br />6.3.1 Additional Requirements. All rehabilitation and construction work and <br />professional services for the Project shall be performed by persons or entities licensed or <br />otherwise authorized to perform the applicable work or service in the State of California and <br />shall have a current City of Redwood City business license if required under local law. To the <br />extent allowed by state and federal laws, Owner shall limit the installation of satellite dish, <br />antenna and other such equipment to screened locations on the Property as approved by the City. <br />Owner shall diligently work to resolve complaints related to noise, parking, litter or other <br />neighborhood concerns. <br />6.4 City's Right to Perform Maintenance. In the event that Owner breaches any of the <br />covenants contained in Section 6.3, and such default continues for a period of ten (10) days after <br />written notice from City (with respect to graffiti, debris, and waste material) or thirty (30) days <br />after written notice from City (with respect to landscaping, building improvements and general <br />maintenance), then City, in addition to any other remedy it may have under this Agreement or at <br />law or in equity, shall have the right, but not the obligation, to enter upon the Property and <br />perform all acts and work necessary to protect, maintain, and preserve the improvements and the <br />landscaped areas on the Property. All costs expended by City in connection with the foregoing, <br />shall constitute an indebtedness secured by the Deed of Trust, and shall be paid by Owner to City <br />upon demand. All such sums remaining unpaid thirty (30) days following delivery of City's <br />invoice therefor shall bear interest at the lesser of 10% per annum or the highest rate permitted by <br />applicable law. City shall have a lien against the Property for the amount of such unpaid sums, <br />and shall have the right to record a Notice of Claim of Lien against the Property. <br />16 <br />OAR #4820-8711-2085 v4 <br />ATTY/AGR.2019.148/Redwood Oaks Associates 11 LP - Regulatory Agreement <br />